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Condensed Consolidated Statements of Income and Comprehensive Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Revenues $ 10,787 $ 9,684 $ 21,722 $ 19,893
Cost of revenues 5,615 5,075 11,195 9,968
Gross profit 5,172 4,609 10,527 9,925
Operating Expenses:        
General & administrative 1,457 1,334 3,308 2,809
Marketing & selling 1,301 1,244 2,540 2,487
Research & development 358 321 717 651
Total Operating Expenses 3,116 2,899 6,565 5,947
Operating income 2,056 1,710 3,962 3,978
Other income (expense) 24 (12) 56 (34)
Net income before provision for income taxes 2,080 1,698 4,018 3,944
Provision for income taxes 903 791 1,590 1,537
Net income 1,177 907 2,428 2,407
Other Comprehensive Income (Loss):        
Foreign currency translation (1,154) (71) (1,165) (71)
Total Comprehensive Income $ 23 $ 836 $ 1,263 $ 2,336
Basic net income per share (in dollars per share) $ 0.21 $ 0.17 $ 0.44 $ 0.44
Diluted net income per share (in dollars per share) 0.21 0.16 0.44 0.44
Dividends declared per share (in dollars per share) $ 0.18 $ 0.15 $ 0.36 $ 0.30